Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Minor Miner
on 28/01/2014, 16:56:37 UTC
Why has Ken given us shareholders (for no outlay) the added potential of the custom 55nm chip when he had no obligation to do so under the terms of the IPO?
because he had no choice?
because he is likely going to face the SEC on the illegal IPO at some point, and he can deal with that with lawyers (I am sure he appreciated all your donations to that legal fund).   BUT, what most people probably do not want to deal with is the FBI or the Treasury prosecuting them for fraud and income tax evasion because those federal agencies' win rate is in the high 90s and prison time is also in the high 90s.
So, he needs to try his damnest to get you guys something because if this is declared a scam, he needed to report and pay taxes on $6-10M (or in the press it would be coins X highest trading price ever to make the arrest seem more cool).   The best way to keep the really scary feds away?   Actually try and do what he promised so that the shareholders do not start to consider themselves "victims" and start the process that would lead to headlines and grandstanding.